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Five Lakes Agency

Five Lakes Agency Short Sale During the Washington Mutual and Chase merger loans that were delinquent did not necessarily always make it to Chase’s servicing system. For example one short sale we are dealing with in Los Angeles, California, was charged off to Five...

Transition Assistance Program

Keep Your Home California Transition Assistance Program (TAP) There are many homeowners in California who are having financial difficulties and who can no longer afford the mortgage(s) on their homes and are pursuing a short sale or a deed in lieu, they may be...

Carrington Mortgage Guidelines

Carrington Mortgage Short Sale Guidelines Carrington Mortgage Services can be a tough lender to work with and they have strict servicing guidelines. Carrington Mortgage Services has a few guidelines that you should be knowledgeable of prior to moving forward with a...

FHA Equator Bank Of America

FHA Equator Short Sale Processing Rolled Out The world of short sales are always changing; the guidelines and the mortgage servicers systems evolving. A news letter was issued sometime last month from Bank Of America stating that FHA short sales would now be processed...

Approved Short Sale And We Need To Add A Buyer

What Does Adding A Buyer To An Approved Short Sale Mean For The Transaction? Adding a buyer to a purchase agreement after a short sale is approved is typically a red flag. It’s usually a sign of a weak buyer who can’t obtain financing on their own, but equally as...